Month: May 2013

Baru Sanchez, 25, a senior auditor with White Nelson Diehl Evans LLP (WNDE), is more than just your typical certified public accountant (CPA). In April 2013, he was sworn in as a city councilman for the City of Cudahy.
Baru first moved to Cudahy, a small town in southeastern Los Angeles, at age...

Kenneth R. Ames, a Tax Advisory Partner with White Nelson Diehl Evans, has received a 2012 Super Star Award / “Hustle Award” from the California State Assembly for his work at the California Boys & Girls Club of Carlsbad. The award recognizes his 10 years of active volunteer service with...

The U.S. Small Business Administration (SBA) was created in 1953 as an independent agency of the federal government to aid, counsel, assist and protect the interests of small business concerns, to preserve free competitive enterprise and to maintain and strengthen the overall economy of our nation....

If your lender cancelled or forgave your mortgage debt, you generally have to pay tax on that amount. But there are exceptions to this rule for some homeowners who had mortgage debt forgiven in 2012.
Here are 10 key facts from the IRS about mortgage debt forgiveness:
1. Cancelled debt...